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Pennymac raises $750M in unsecured debt

Housing Wire

California-based Pennymac Financial Services raised $750 million in unsecured debt with qualified institutional investors, 15% more than it initially expected, the company announced Thursday. The new debt, with maturity in December 2029, will bear a higher interest rate at 7.875% annually. A total of $1.8 billion is unsecured debt.

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Pennymac to issue $650M in unsecured debt

Housing Wire

The California-based company announced on Wednesday it intends to offer a $650 million aggregate principal amount of senior notes due in 2029. In October, HousingWire reported that Freedom Mortgage and PennyMac Mortgage Investment Trust moved to raise money through debt offerings with high investor demand. In total, $1.8

Contracts 409
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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

We remain in a tough part of the cycle,” Ryan Schneider, the CEO of Anywhere Real Estate, told investors and analysts on the firm’s second quarter earnings call Tuesday morning. to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% million to 4.3

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. They must be U.S.-based,